Showing 1 - 10 of 28
Auto sector reels from falling orders, soaring household debt
Reuters, Published on 25/09/2024
» Thailand's US$53 billion automobile industry is facing a grim future as highly indebted domestic consumers struggle to finance purchases and overseas buyers of its mainstay traditional vehicles increasingly switch to electric alternatives.
Thailand's EV makers seek to renegotiate govt incentives as sales slow
Reuters, Published on 11/09/2024
» As sales of electric vehicles (EVs) miss expectations in Southeast Asia's largest market, Thailand's main group of manufacturers, comprising large Chinese and Japanese firms, seeks to extend production deadlines set in a government scheme of incentives.
MG leads investment push for hybrid EVs
Business, Lamonphet Apisitniran, Published on 13/08/2024
» The hybrid electric vehicle (HEV) market in Thailand is expected to intensify as automakers announce investment plans, with Chinese-Thai joint venture SAIC Motor-CP and MG Sales (Thailand) unveiling plans to produce HEVs under the MG brand in Chon Buri by 2025.
Hyundai Mobility to churn out BEVs, batteries by 2026
Post Reporters, Published on 09/08/2024
» South Korea-based Hyundai Mobility Manufacturing (Thailand) plans to make battery electric vehicles (BEVs) and batteries in Thailand by 2026 after its 1-billion-baht project was approved by the Board of Investment (BOI).
Nissan plans to focus Thai production on hybrid cars
Business, Lamonphet Apisitniran, Published on 06/08/2024
» Japanese automaker Nissan Motor Thailand will focus more on manufacturing hybrid electric vehicles (HEV) in Thailand, following the Board of Investment's (BoI) launch of an investment incentive package to promote HEV manufacturing.
Addressing the skills gap
Published on 17/06/2024
» Recent decisions by two Japanese automakers to close their plants in Thailand affect the country's standing as a leading global car producer, once dubbed the "Detroit of Asia".
Local EV industry sees bright prospects
Business, Published on 07/05/2024
» Local operators of businesses related to electric vehicles (EVs) remain upbeat about the growth prospects of the Thai EV market, as they do not expect a slump similar to the one in Europe.
Big EV battery cell plant likely in two years
Post Reporters, Published on 17/04/2024
» The Board of Investment (BoI) expects foreign investors to set up a big plant in Thailand to produce battery cells for electric vehicles (EVs) within two years, following its roadshow in China last week.
Industrial Estate Authority touts new Smart Park
Business, Lamonphet Apisitniran, Published on 16/04/2024
» Chinese firms expressed interest in investing in electric vehicle (EV) supply chain and energy businesses in Smart Park Industrial Estate in Rayong, which is scheduled to open by the end of this year, says the Industrial Estate Authority of Thailand (IEAT).
Vietnam’s Vinfast focusing on Thailand’s EV market
Business, Lamonphet Apisitniran, Published on 04/04/2024
» Vietnamese electric vehicle maker Vinfast is competing with Chinese car companies to market its EVs in Southeast Asia, aiming to benefit from the Asean Free Trade Agreement (Afta).